Northcourt launches £65.5m capacity nuclear liability facility

Cooling towers at a nuclear power station

Lloyd's managing general agent Northcourt has launched a global nuclear liability insurance facility initially offering up to $100m (£65.5m) of capacity.

Northcourt said it expects to offer more capacity towards the end of this year.

The facility will place nuclear insurance programmes globally through a panel of Lloyd's syndicates led by Tokio Marine

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